Tag: economy

Oil Marketers Appeals To FG For Fast Payment Of Outstanding Debts

Oil marketers on Sunday appealed to Federal Government to effect quick payment of its outstanding N800 billion subsidy debts. The…

CBN Shifts MPC Meeting To Adjust Eid-El Maulud

The Central Bank of Nigeria (CBN) on Saturday rescheduled the Nov. 19 meeting of the Monetary Policy Committee (MPC) to…

Naira Continue To Depreciate At Parallel Market

The Naira on Friday depreciated further against the dollar at the parallel market in Lagos, exchanging at N363 to the…

Minister of Science and Technology: Nigerian Firms To Gain From Executive Order

Dr Ogbonaya Onu, the Minister of Science and Technology, says Nigerian professionals and firms would benefit from the implementation of…

Kano Government And FMBN Work Together On Housing Deficit

The Kano State Government is to collaborate with the Federal Mortgage Bank of Nigeria (FMBN) to address the state’s housing…

Capital Market Has A Growth Of 0.03%

The crucial market indices of the Nigerian Stock Exchange (NSE) on Tuesday posted marginal growth of 0.03 per cent. Specifically,…

Vice President of Nigeria Says Petty Traders Not Needed

Vice President, Yemi Osinbajo, says petty traders are not required to fill any form in order to benefit from the…

NDIC Says Nigeria Must Focus On Crime To Attain Economic Breakthrough

The Nigeria Deposit Insurance Corporation (NDIC), says Nigeria must completely address crime in order to attain economic breakthrough. Mr Mohammed…

Fashola says FG Delivering on Incremental Power Supply

The Federal Government on Monday said it was meeting its mandate of power supply through generation and supply of additional…

Apapa Seaport: Stakeholders seek for urgent intervention of FG

Some stakeholders in the maritime industry are calling for urgent intervention by the Federal Government to check the current congestion…

FG urged by CBN director to Use borrowed funds on infrastructure development

Dr Titus Okunronmu, a former Director of the Central Bank of Nigeria (CBN), on Sunday advised the Federal Government to…

Enugu onions dealers characterised high cost, limited to poor harvest

Enugu onions dealers on Saturday attributed the high cost and scarcity of onions in the market to poor harvest caused…

NNPC aims to increase retail outlets

The Nigerian National Petroleum Corporation (NNPC) says it is set to increase its 14 per cent market share in the…

Mazda to recall more than 600,000 vehicles globally over diesel engine flaw

Mazda Motor Corporation on Thursday said it planned to recall about 640,000 vehicles globally to fix issues including a problem…

$1bn bid made for partnership with South Africa defense group

Saudi Arabia has made a $1 billion bid for a broad partnership with South African state-owned defense group, Denel, that…

Governor Umahi says 95 per cent of states can’t pay N30, 000 minimum wage

Gov David Umahi of Ebonyi on Wednesday in Abakaliki, declared that 95 per cent of states in the country cannot…

Rep Lar urges Building Institute to end collapse of buildings

Rep. Beni Lar, the Chairman, House of Representatives Committee on Science and Technology, has urged the Nigeria Building and Road…

Fidelity Bank assures commitment to growth of real sector

Fidelity Bank Plc says its commitment to aid the diversification of Nigeria’s monolithic economy made it to continue to channel…

Amos tsaku inaugurates revenue collection committee

Mr Amos Tsaku, the Overseer, Agidi Development Area of Nasarawa State, on Wednesday inaugurated a 11-man committee on revenue collection.…

Bank dominates trading on NSE

Zenith International Bank on Wednesday dominated the activity chart on the nation’s bourse, accounting for 64.04 per cent of the…

Transparent regulation can address challenges says expert

Dr Joy Ogaji, a power expert says independent and transparent regulation of activities of all operators in the electricity value…

Greek Government seeks improved trade relations with Nigeria

The Greek Government on Tuesday expressed its interest in deepening economic and trade relations with Nigerian business community. Mr Nikos…

Bad maintenance culture bane of infrastructure development

Mr Jide Oke, a former Chairman of Lagos Chapter of Nigerian Institute of Quantity Surveyors (NIQS), on Tuesday said that…

(NSE) crucial market indices resumed with a loss of 0.24 per cent,

The Nigerian Stock Exchange (NSE) crucial market indices resumed for the week on Monday with a loss of 0.24 per…

Duja Effedua, says that the Academy is partnering with NIMASA

The Rector, Maritime Academy of Nigeria (MAN), Duja Effedua, says that the Academy is partnering with the Nigerian Maritime Administration…

Ahmed Idris says FG will not bear cost of service charge for TSA payments

Henceforth, the Federal Government will no longer bear the service charge cost on all payments to its Ministries, Departments and…

BDCs: ABCON says new rule implemented is limiting Directorship

The Association of Bureau De Change Operators of Nigeria (ABCON) has said that Central Bank’s new corporate governance policy limiting…

Prof. Bamidele Badejo says Intermodal transport system key to nation’s economy

A former Commissioner for Transportation in Lagos State, Prof. Bamidele Badejo, has canvassed intermodal transportation system for the country, saying…

Only one Functional bank ATM is ongoing at Lagos International Trade Fair

Only one Automated Teller Machine (ATM) is functioning at the ongoing 2018 Lagos International Trade Fair, reports the News Agency…

Development in Investments in Health and Education is seeked by UNFPA

The United Nations Population Fund (UNFPA) on Saturday called for increased investments in health, education and entrepreneurship development to unleash…

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